Thanks both (and Owen too), I now feel more confident that geometric mean of odds is better!
(Edit: at 1:4 odds I don’t feel great about a blanket recommendation, but I guess the odds at which you’re indifferent to taking the bet are more heavily stacked against us changing our mind. And Owen’s <1% is obviously way lower)
(I have not read the post)
I endorse these implicit odds, based on both theory and some intuitions from thinking about this in practice.
Thanks both (and Owen too), I now feel more confident that geometric mean of odds is better!
(Edit: at 1:4 odds I don’t feel great about a blanket recommendation, but I guess the odds at which you’re indifferent to taking the bet are more heavily stacked against us changing our mind. And Owen’s <1% is obviously way lower)